Cannabis Watch: In ‘the marijuana ghetto’ at Davos, Canopy Growth found its American pot partner


The landmark deal between marijuana companies Acreage Holdings Inc. and Canopy Growth Corp. has its roots amid bunk beds inside a small, cramped house in Klosters, Switzerland.

It was there, a short drive away from the World Economic Forum in Davos in January, that Canopy Growth CGC, -0.31% WEED, -0.53% co-Chief Executive Bruce Linton and Acreage ACRGF, +1.77% CEO Kevin Murphy laid the groundwork for one of the largest acquisitions in the short history of the emerging weed sector, trading jabs at presentations inside of a pub.

“We had a bunch of founders and CEOs of marijuana companies [in the house],” Linton told MarketWatch on the phone Thursday. “A guy running for president in Uruguay was in the bunk bed in the room beside me. We actually had really busy hustle-time all day and events for Davos, and then you would come back together

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